ArbiLayer

ONDO arbitrage

live

Live Ondo price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.01%Variational → Hyperliquid · Perp–Perp
Best perp–perp spread+0.15%Variational → Hyperliquid
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.40%$0.4649 – $0.4667

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.4657Bitget logoBitgetspot$0.4658 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
Gate logoGatespot$0.4657Bitget logoBitgetspot$0.4658 +0.02%-0.18% +0.02%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.4657Binance logoBinancespot$0.4657 +0.00%-0.20% +0.00%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.4657Bybit logoBybitspot$0.4657 +0.00%-0.20% +0.00%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.4657OKX logoOKXspot$0.4657 +0.00%-0.20% +0.00%— 0.000%— LS Chart →
Binance logoBinancespot$0.4658Bitget logoBitgetspot$0.4658 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bybit logoBybitspot$0.4658Bitget logoBitgetspot$0.4658 0.00%-0.20% 0.00%— 0.000%— LS Chart →
OKX logoOKXspot$0.4658Bitget logoBitgetspot$0.4658 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.4657Binance logoBinancespot$0.4657 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.4657Bybit logoBybitspot$0.4657 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.4657OKX logoOKXspot$0.4657 0.00%-0.20% 0.00%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.4658Bitget logoBitgetspot$0.4658 -0.00%-0.20% -0.00%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.4657Gate logoGatespot$0.4656 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Binance logoBinancespot$0.4658Bybit logoBybitspot$0.4657 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Binance logoBinancespot$0.4658OKX logoOKXspot$0.4657 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

ONDO price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · ONDOUSDTPerpetual $0.4654$0.4655$0.4655-0.04% 0.000%$74.00M
OKX logoOKXPerpetual · ONDO-USDT-SWAPPerpetual $0.4654$0.4655$0.4655-0.04% -0.004%$60.88M
MEXC logoMEXCPerpetual · ONDO_USDTPerpetual $0.4654$0.4655$0.4655-0.04% +0.030%$39.77M
Gate logoGatePerpetual · ONDO_USDTPerpetual $0.4651$0.4652$0.4652-0.11% +0.011%$31.05M
Hyperliquid logoHyperliquidPerpetual · ONDOPerpetual $0.4658$0.4659$0.4659+0.04% +0.030%$22.57M
Bitget logoBitgetPerpetual · ONDOUSDTPerpetual $0.4657$0.4658$0.4658+0.02% +0.030%$20.11M
OKX logoOKXSpot · ONDO-USDTSpot $0.4657$0.4658$0.4658+0.02% —$11.90M
Bybit logoBybitSpot · ONDOUSDTSpot $0.4657$0.4658$0.4658+0.02% —$11.44M
Gate logoGateSpot · ONDO_USDTSpot $0.4656$0.4657$0.46570.00% —$9.24M
KuCoin logoKuCoinSpot · ONDO-USDTSpot $0.4656$0.4657$0.4656-0.00% —$8.01M
KuCoin logoKuCoinPerpetual · ONDOUSDTMPerpetual $0.4656$0.4657$0.46570.00% +0.030%$5.91M
Bitget logoBitgetSpot · ONDOUSDTSpot $0.4658$0.4659$0.4659+0.04% —$2.93M
Variational logoVariationalPerpetual · ONDOPerpetual $0.4646$0.4651$0.4649-0.17% -0.025%$2.00M
HTX logoHTXPerpetual · ONDO-USDTPerpetual $0.4656$0.4678$0.4667+0.23% +0.066%$199.0K
Binance logoBinancePerpetual · ONDOUSDTPerpetual $0.4654$0.4655$0.4655-0.04% +0.030%—
Aster logoAsterPerpetual · ONDOUSDTPerpetual $0.4655$0.4656$0.4656-0.02% +0.030%—
Binance logoBinanceSpot · ONDOUSDTSpot $0.4657$0.4658$0.4658+0.02% ——
MEXC logoMEXCSpot · ONDOUSDTSpot $0.4656$0.4658$0.4657+0.01% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ONDO arbitrage explained

Right now Ondo (ONDO) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.4651 and the highest bid on Bitget spot at $0.4658.

The widest ONDO perpetual spread is between Variational and Hyperliquid: long ONDO on Variational at $0.4651 and short on Hyperliquid at $0.4658 for +0.15% gross, or -0.01% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.055% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ONDO route is to buy spot on KuCoin and short the perpetual on Hyperliquid: +0.02% gross, -0.18% net, with +0.030% a day of funding on the short leg.

Spot–spot ONDO arbitrage (buy on KuCoin, withdraw, deposit and sell on Bitget) shows +0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small ONDO gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: ONDO funding rates · ONDO spread charts · Ondo price · arbitrage scanner for all coins.

Is there a ONDO arbitrage opportunity right now?

The best ONDO route right now is to buy on Variational → sell on Hyperliquid (Perp–Perp): +0.15% gross and -0.01% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest ONDO?

Variational (perp) has the lowest ONDO ask at $0.4651, and Bitget (spot) the highest bid at $0.4658. Prices update every 15 seconds on this page.

How many exchanges list ONDO?

ArbiLayer tracks 18 ONDO markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage ONDO without transferring coins?

Use two perpetual contracts: go long ONDO on the cheaper exchange (Variational now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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